UK shale gas reserves larger than expected

Shale gas reserves underground Lancashire could be much larger than expected. New surveys show there could be trillions more cubic feet of the unconventional gas between Wrexham and Blackpool in the west and Nottingham and Scarborough in the east. The news comes in the wake of Chancellor George Osborne’s reiteration that shale gas explorers in […]

Centrica eyeing UK shale gas?

The parent company of British Gas is rumoured to be eyeing up shale gas assets in the UK. Energy firm Centrica is tipped to be in talks with shale gas firm Cuadrilla Resources over its Bowland Shale licences, a source told Reuters last week. Cuadrilla is one of two firms currently exploring in the UK […]